Comet Foundation

BOSTON, MA EIN: 86-1967040

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$14.2M

+15.1% YoY

Annual Giving

$3.4M

+498.5% YoY

Grant Count

12

+500.0% YoY

Avg Grant Size

$281K

-0.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$7M20202021202220232024
Metric202420232022
Total Assets$14,247,574$12,374,680$12,999,534
Revenue$5,254,424$106,109$6,747,788
Expenses$3,472,420$730,963$324,228
Qualifying Distributions$3,366,312$562,500$125,000
Net Investment Income$508,061$81,051$6,739,743
Distributable Amount$684,840$634,843$528,301

Giving Over Time

Total grant dollars and number of grants per year

$0$842K$2M$3M$3M0 grants20200 grants20211 grants20222 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MASSACHUSETTS GENERAL HO…$2.0MFOR THE BENEFIT OF THE P…$500KFOR THE BENEFIT OF THE T…$500KFOR THE BENEFIT OF THE T…$250KTHE GASPARILLA ISLAND CO…$50KTHE WILY NETWORK INC$30KFOR THE BENEFIT OF THE T…$25KAMERICAN CANCER SOCIETY$4KCONCORD FREE PUBLIC LIBR…$3KCLUBHOUSE INTERNATIONAL …$2K

Grant Size Distribution

15 grants across all recorded years

7<$50K2$50–100K1$100–250K1$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Comet Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LANGLEY STEINERTTRUSTEE
HILARY STEINERTTRUSTEE

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

Boca GrandeBostonCambridgeConcordFalmouthHanoverNew YorkNewtonPrincetonSouth Hamilton

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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